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21 Jun 2016
Japan PM Abe: Top priority is to completely exit deflation and grow the economy
Japanese PM Shinzo Abe hit the wires last minutes, expressing his commitment to get the economy out the deflationary pressures and onto a sustainable growth path.
Key Quotes:
Wants to make use of negative rates for growth investments
Top priority is to completely exit deflation and grow the economy
Will do utmost to shorten period of pension eligibility
To compile extra budget once tax revenue estimate is confirmed
Benefits for low-income pensioners a pressing issue